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<title>Partner &#124; HMC CSR</title>
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                    <h2>SOCIAL</h2>
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                        <li><h3><a href="/ta_400_01.do">Employees</a></h3></li>
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                        <a href="/ma_100_01.do">Home</a>
                        <a href="/ta_100_01.do">Sustainability Management</a>
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                        <span>Partners</span>
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                    <h4>Partner Businesses </h4>
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                        <p class="txt">It takes more than 20,000 parts to form a single vehicle. Therefore, ensuring mutual growth with partner businesses is an essential part of sustainable management and growth at Hyundai Motor Company. The company pursues greater equality and mutual benefits with its partner businesses in core areas of its activities—including quality assurance, technology development, and environmental protection by spreading a culture of fair transaction and actively supporting the enhancement of partner businesses’ competitiveness.</p>
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                        <h4>1. Three Core Tactics for Mutual Growth with Partner Businesses</h4>
                        <p class="txt">Hyundai has been supporting self-sufficiency and capacity development of its partner businesses for many years, providing them with the needed financial assistance and support for enhancing their global capacities. Since 2010, the company has been carrying out the Mutual Growth Strategy for partner businesses, providing multiple forms of assistance and support that are necessary for partner businesses’ sustainable growth and success on the international market. The three core tactics of the strategy are: fostering international competitiveness; enhancing the grounds for sustainable growth; and developing systems for mutual growth and partnership. These tactics involve measures for enhancing partner businesses’ technology and quality and finding new business opportunities for them abroad. The company has also launched diverse programs spreading a culture of mutual growth.</p>
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                    <h4>2. Environmental Guidelines and Standards</h4>
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                        <p class="txt">Since 2007, Hyundai has been providing a guideline for the production of eco-friendly auto parts for the suppliers of primary parts as part of supply contracts.<br />The company has also been providing other forms of support to enable partner businesses to realize environmental and ethical management. The “Hyundai Environmental Standard Guideline” lists and states all the environmental regulations applicable to partner businesses. The company also actively encourages partner businesses to receive the ISO14001, an international standard for environmental management. As of the end of 2011, all the suppliers of primary parts for Hyundai obtained the ISO14001 certificate.</p>
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                    <h4>3. Green Partnership Program</h4>
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                        <p class="txt">Hyundai has been operating the Green Partnership Program since 2003. The program involves a pool of financial resources amounting to KRW 5 billion, raised in partnership with the Korean government, that are meant to help small businesses struggling to develop and implement their own policies and systems of environmental management. Through the program, Hyundai enables partner businesses to adopt new clean systems and technology that conform to the enhanced environmental regulations and standards.</p>
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